Devonshire Research

Short seller backed by deep research, experienced venture capitalist turned equity contrarian, focused on short alpha ideas in tech, telecom, software, internet

[Devonshire Research @devonshiretech]

The inverted yield curve signals the impending return of effective short activism - finally!

[Devonshire Research @devonshiretech]

Proud to be a $TSLA short seller. It took a while, but was worth the wait. More to come.

[Devonshire Research @devonshiretech]

RIP MontanaSkeptic. Your well researched posts set a high bar for all future equity research analysts. It’s a sad day for truth, logic, and value investing.

[Devonshire Research @devonshiretech]

Skies are blue in Shortville ... ! @elonmusk

[Devonshire Research @devonshiretech]

Latest report of Contrarian CPI suggests 12 month trailing August inflation was over 8%! Nowhere near 2% "official" CPI. #clueless #fed

[Devonshire Research @devonshiretech]

DRG is proud to announce it has acquired proprietary inflation data from Now and Futures. https://t.co/1cgmtjeec9

[Devonshire Research @devonshiretech]

ALM down 15% today. More likely to come, if not inevitable. I hesitate to say "I told you so," but DRG's research speaks for itself.

[Devonshire Research @devonshiretech]

Implication: Consumer retail, electronics will continue to suffer, as the two US economies diverge further: consumers vs. institutional

[Devonshire Research @devonshiretech]

Yellin: Fed inflation running too low, below target 2%. DRG: Erroneous arithmetic leads to over-measurement and CPI is wrong and diluted.

[Devonshire Research @devonshiretech]

DRG received lots of feedback on the $ALM research; many followed the trade and wrote in to praise it. Equity analysts still don't get it.

[Devonshire Research @devonshiretech]

How many investors contemplate what the true “risk-free” rate of return might be for their clients? https://t.co/3EHGxoE03h
#capitalrisk

[Devonshire Research @devonshiretech]

DRG challenges the idea that standard of living is improving; an order of magnitude less purchasing power now than in 1970! #inflation

[Devonshire Research @devonshiretech]

Consensus of the Contrarians: US CPI likely understated by at least 5% per year! https://t.co/3EHGxoE03h #CPI #inflation #contrarian #report

[Devonshire Research @devonshiretech]

Despite the fact that CPI no longer tracks consumer prices, it is still the dominant benchmark – why? Full report https://t.co/3EHGxoE03h

[Devonshire Research @devonshiretech]

CPI has evolved significantly over the past century – it bears nearly no resemblance to its original form #CPI #inflation #usdata #stats

[Devonshire Research @devonshiretech]

With the recent focus on Gov't data, it's worth pointing out the growing disagreement with how CPI is calculated #inflation #purchasingpower

[Devonshire Research @devonshiretech]

We've just uploaded a new report called Consensus of Contrarians, which challenges recent CPI statistics, and revises it much bigger #CPI

[Devonshire Research @devonshiretech]

From $ALM short report
#shortsell #techbubble #activism

[Devonshire Research @devonshiretech]

Another $ALM short snapshot

[Devonshire Research @devonshiretech]

Here is a snapshot of $ALM short thesis